Objective
Our code of conduct policy focuses on the core values, shared responsibilities, worldwide commitments, and processes. It provides general guidance about Biotech Healthcare and all its subsidiaries and expectations. We highlight every bit of the situation that might be needing your specific attention along with referencing additional resources and communication channels. It can be considered to be the basic step to get clarification on any query related to ethical conduct and behavior.
The code of conduct mainly focuses on ethical risks and provides a bit of information or guidance to deal with the same. It is a means to identify and report the wrong practices that help in the growth of an honesty or accountability culture.
Every officer, director, employee, and vendor of the company should and must apply this code of conduct.
Conflicts of Interest
We possess the duty of loyalty to the firm and hence avoid any sort of conflict with the interest. It serves whenever any private person’s interest interferes or conflicts with the company’s interests.
The conflict may arise when the private individual interests make it difficult to abide by the company norms. It may also arise when a company official receives improper benefits because of his/her position in the company. There can be a lot of situations contributing to the rise of these conflicts.
Be ready to avoid the conflict as outsiders can see your actions without knowing the intent behind the same. We advise you to report any such situation that could be a potential threat of conflict for the firm.
Anti Bribery & Corruption
We do not accept or receive any money, services, or favors to gain improper advantages from anyone. Biotech Healthcare complies with all the applicable laws related to bribery and corruption in such matters. These laws may allow gifts of nominal value but there should be no cash or cash equivalents.
We should be highly careful with the political or charitable donations in case they are not authentic, and will be considered a form of bribe.
These can be gifts, favors, jobs, or anything of the right value. We are against bribes and must abide by the laws that protect the business ethics policy.
If you find any such activity of bribery or corruption going on, please report the same to the company on an immediate basis.
Asset and confidential information protection
We are dedicated to safeguarding the physical assets of the company be it machinery, system, materials, and intangible assets like property information, proprietary details, etc. In case of any such scenario, the professional should seek to protect the assets from misuse, loss, theft, or damage. It will be considered a breach of code to misappropriate the usage of Biotech Healthcare assets and information.
Competitive Behavior
We indulge in honest and fair communication to safeguard customers and shareholders in all regards. We work within the law to acquire new customers while retaining the existing ones. Anti-competitive agreements damage the typical markets that we tend to operate in. We do not give any importance to the short-term gain that could damage our precious market reputation. We refrain from indulging in overpricing the products or services. We set them fairly and help all our partners to compete ethically.
Individual Respect
At Biotech Healthcare, we aim to provide harassment or discrimination-free environment. We tend to make decisions based on both merit and business needs. With the usage of fair employment measures, we bring equal opportunities to all employees. We do not allow any sort of harassment based on caste, religion, gender, nationality, etc. Our workplace is full of diverse employees and we respect everyone irrespective of what benefit they bring to the table or to which caste they belong. Every decision related to hiring, promotion, transfer, and absence is through business factors.
Health, safety and security
Everyone needs a healthy and safe workplace to work and grow simultaneously. All forms of substance abuse and drug distribution are strictly prohibited at the work. Unless it is required as a part of your role, no one is authorized to be in the possession of any weapon, ammunition, etc. We take all necessary steps to maintain employee security and eliminate the potential causes of the accidents.
Everyone should be safe at the place of work. Kindly raise your concerns in case of any unsafe situation at work and take time to familiarize the emergency procedures and safety manuals.
Responsible use of social media
Social media channels like Facebook, Twitter, and Linkedin are a major part of our communication flow as a business. Although the platforms hold immense potential, we should be using them with responsibility.
We take the responsibility for Biotech Healthcare sponsored social media as well as personal accounts. We should be cautious before posting any content on social media and make sure the language and intent of the same are not harmful to anyone in certain regards. We should be complying with the copyright laws and other applicable laws while complying with the source of the content.
Government and Communities
We are focused to build healthy relationships with the local government and communities and are working hard to build trust. Our company has a strong role in promoting the business practices as per the trust, integrity, and openness. We respect the local cultures and facilitate them into our businesses as part of worthy integration. We are responsible for sourcing our integration practices and also promoting the lost values.
Our work connection with the government and other companies might differ in a certain regard. There could be some special specifications with the government as a customer than other corporate customers.
How to report possible misconduct
The stakeholders of the company shall disclose the misconduct with all sorts of critical documents and evidence. There are multiple means to inform us about the same via email or closed envelope at our address.
The complaint is advised to offer all relevant and critical information, documents, and evidence as per the requirement.
All bit of information during the investigation is to be kept confidential except the highest urgency is involved.
The compliant person will be granted protection against any retaliation. The company ensures that any stakeholder can freely report any violation without a background fear.
The ethics committee shall gather all relevant information and take the action with the detailed report to the audit committee.